When preparation meets opportunity.

You probably have some space in your house that you are not using. Why don’t you convert it into a hotel-style room and list it on AirBnB? Travellers from all over the world will be looking for cheaper accommodation and…

Just about everybody nowadays owns a smartphone. To make their lives easier, people are downloading anything from accounting apps to educationnal apps. You can monetize your app by selling it on Android Google Play Store or Apple Store, or attach…

If you are an expert in anything, there is probably someone looking for that knowledge. Use sites such as Udemy to create courses using videos and text instructions. Over the years, you will just be requested to make a small…

If you are paying your accountant 50€ per hour, there is probably someone in a cheaper market that will take half that. Outsource your routine administrative tasks to cheaper markets and concentrate on your core business. The freed up resources…

This is not the same as blogging and putting AdSense on the blog. Rather it is writing great content and having it promoted on publishing platforms such as Britevest. If your content goes viral, you have the chance to make…

Think of things like treadmills, photo booth, expensive 6D canon cameras, 3D printers etc. They will cost you a lot of initial capital outlay but they will also make you a lot of money with the people who want to…

This is a time tested way to earn passive income. Research and buy good stocks that have been declaring dividends for some time. You will need to make a significant amount of investment so that the dividends that you get…

This is also called network marketing. Here, you will earn a passive income by creating a team of marketers underneath you (down line). For every sale that your down line makes, you will earn a commission. Among the companies that…

On a site like Etsy, you can digitize your work ranging from wall art to poetry and put it in a downloadable format. This is an amazing way to earn passive income because every time your file is downloaded, you…